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open🌐 Cape May, NJhttp://www.rfpmart.com/1158784-usa-cape-may-new-jersey-deferred-compensation-plan-services-rfp.html

BANKING-9229 - USA (Cape May, New Jersey) - Deferred Compensation Plan Services - Deadline September 23,2026

Description

(1) Vendor needs to provide deferred compensation plan services to provide administrative,investment and trust services to the government authority located in Cape May, NJ.– Participant Account Recordkeeping – must maintain records providing daily information associated with an individual’s account, including, but not limited to investment balances, salary deferral amount, contributions (regular and catch–up), distributions, rollovers, earnings, administrative fees, investment fees, work location, address, and any other information necessary for the proper administration of a participant’s account– must make changes to participant investment elections and effect transfers of existing account balances on a daily basis during business days– must be able to monitor the annual participant dollar contribution for deferral amounts close to or exceeding maximum deferral amounts.– must maintain catch–up indicators to track participants who are using catch–up provisions.– must maintain emergency withdrawal indicators to track participantaccounts that have been restricted.(2) All question must be submitted no later than August 28, 2026.

Details

Posted
Aug 15, 2026
Response deadline
Sep 23, 2026, 11:59 PM UTC (39d)
Status
open
Jurisdiction
Cape May, NJ
Location
Cape May
Has Description
true
Item
BANKING-9229 - USA (Cape May, New Jersey) - Deferred Compensation Plan Services - Deadline September 23,2026 (1) Vendor needs to provide deferred compensation plan s

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